If you haven’t heard of Chewy, you aren’t alone. But PetSmart, the retail giant with more than 1,500 stores across the U.S., has clearly been tracking the low-flying, five-year-old pet supplies company. According to Recode, it just agreed to purchase its young rival for a stunning $3.35 billion, just slightly more than Walmart paid for Jet.com last year. This editor only… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/04/18/a-low-flying-pet-supplies-company-just-sold-to-petsmart-in-the-biggest-e-commerce-sale-ever/?ncid=rss

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